Conduct Of Lord Archer Of Weston-Super-mare In Respect Of Share Dealing

EDM number 1430 in 1997-98, proposed by Gordon Prentice on 15/06/1998.

That this House notes that Lord Archer has stated that the inspiration for his purchase and sale of Anglia TV shares in 1994, netting a profit of ú77,219, came from a discussion at a dinner party at the home of Sir Nicholas Lloyd; further notes that the dinner party took place on 18th January 1994, after the share transaction had taken place; notes that Lady Archer has claimed that the DTI inspectors investigating the alleged insider dealing recommended that the matter should not have been taken any further; further notes that Lord Archer claims he was interrogated for hours by the inspectors about the share transactions; and in view of these revelations calls on the President of the Board of Trade to publish the original DTI report on the share dealing and reopen the investigation.

This motion has been signed by a total of 21 MPs.